Oil prices to stay high this year on China reopening and OPEC output snags, experts predict February 19, 2023 Oil prices will be propped up this year by rebounding demand from China alongside tightening supplies into Europe and OPEC's capacity issues.
EDF: Inflation drives Hinkley Point C nuclear plant costs from £26bn to £33bn February 18, 2023 EDF has told investors that the cost of Hinkley Point C nuclear plant could balloon to £33bn, a near 30 per cent hike on previous estimates.
New nuclear will make UK more competitive February 17, 2023 | Sponsored For 65 years, nuclear power has been an integral part of the UK’s electricity system, providing low carbon and reliable power to UK homes, public services and businesses. However, there is much work to be done in modernising and increasing nuclear capacity if the UK is to keep the lights on and hit net zero [...]
EDF UK rakes in £1.1bn profits powered by record electricity prices February 17, 2023 EDF UK has raked in hefty profits, with soaring electricity prices powering its rebound from last year's losses.
British Gas owner Centrica posts £3.3bn record profit – more than treble last year’s £948m February 16, 2023 British Gas owner Centrica has unveiled record profits of £3.3bn - powered by soaring energy prices and historic market volatility.
Offshore wind plans must be sped up to meet energy security goals, green group warns February 16, 2023 UK offshore wind pipeline has reached nearly 100GW - more than double its overall generation target to reach net zero.
Households could start switching energy suppliers in bid for cheaper deals as price cap plummets February 15, 2023 Millions of Brits could switch supplier later this year, with the energy market expected to become more competitive as gas prices ease.
Make recycling simple and efficient February 14, 2023 | Sponsored It’s no exaggeration to say that the climate crisis is more urgent than ever. While the vast majority of us have introduced a variety of eco-friendly habits into our personal lives, implementing the same changes into your business operations is often easier said than done – especially without the help of an expert. Bywaters helps [...]
Planning overhaul needed for UK’s energy security, nuclear industry warns February 14, 2023 The nuclear industry has urged the government to make the planning system less hostile to new nuclear projects.
Green energy firms demand National Grid boost storage after lack of facility saw it pay them £99m to turn generators OFF February 13, 2023 Green energy firms are calling on National Grid to boost storage capabilities after it handed out £100m to energy producers last month.